Use the Table Below to Answer the Following Question

question 186

Multiple Choice

Use the table below to answer the following question.

What is the marginal cost of producing the third unit of output?

• A)$20
• B)$44
• C)$70
• D)This cannot be determined from the data.

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Definitions:

Behaviors

Actions, reactions, or mannerisms displayed by individuals or groups in response to stimuli or in various situations.

Forethought

The act of thinking or planning about the future beforehand.

Anticipate

To expect or predict something before it happens.

Guide

Directions or instructions meant to assist or lead a user towards a specific goal, often found in manuals or tutorial formats.